BI-Social Safety Nets (WB-P151835)

Countries
  • Burundi
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 15, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Ministry of Finance and Planning for Economic Development
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 40.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Sep 23, 2017

Disclosed by Bank Oct 1, 2016


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Project Description
The objectives of the proposed Project are to provide regular cash transfers to extreme poor and vulnerable households with children in selected areas while strengthening the delivery mechanisms for the development of a basic social safety net system
Investment Description
  • World Bank (WB)
Contact Information
Borrower/Client/Recipient Name: Ministry of Finance and Planning for Economic Development Contact: Egide Nduwamungu Title: WB focal point Tel: 25779765417 Email: enduwamungu@gmail.com Implementing Agencies Name: Ministry of Human Rights, Social Affairs and Gender Contact: Michel Nyabenda Title: Permanent Executive Secretary, National SP Co Tel: 25722273081 Email: nyabendamic@gmail.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.